Best Operational Risk Management Software with a Free Trial
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Compare the Top Operational Risk Management Software with a Free Trial as of April 2026
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What is Operational Risk Management Software with a Free Trial?
Operational risk management software is a type of software designed to help organizations identify, mitigate and manage their operational risks. It provides automation, visibility, and analytical insights into the assessment of potential risks associated with business operations. The software analyzes operational data points such as customer service, compliance requirements, supply chain disruptions, digital security threats and more to provide an early warning system to alert organizations of potential losses due to these risks. It also helps them develop actionable strategies for responding effectively in real-time or other situations that might lead to operational loss. Operational risk management software can be used across multiple industries including finance, healthcare, legal and manufacturing. Compare and read user reviews of the best Operational Risk Management software with a Free Trial currently available using the table below. This list is updated regularly.
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1
GOAT Risk
GOAT Risk™
GOAT Risk™ is an award-winning, low cost, cloud-based platform that makes risk management simple, fast, and effective. Designed for organisations of all sizes, GOAT replaces outdated spreadsheets with a dynamic, easy-to-use solution - perfect for both risk experts and non-experts alike. With a powerful yet intuitive interface, you can streamline risk management and assurance activities in a single source of the truth. There's no setup or installation costs. And no minimum term. Just an effective, low-cost risk management solution starting from £30 per month. With fast collaboration, powerful 1-click reporting, and a great user experience, GOAT drives accountability and ownership, saving you time and effort. Highly configurable for a huge variety of use cases, GOAT helps you stay ahead.Starting Price: £30 per month -
2
SmartCompliance
SmartCompliance
Insurance tracking and compliance management solutions. Self-service & full-service solutions that automate certificate of insurance or proof of insurance renewals, eliminate manual data entry, & help ensure compliance. COI tracking software and services that manage the time-consuming process of collecting certificates of insurance, sending renewal requests and confirming third-party compliance. Proof of insurance tracking software and services that help property managers easily track tenant policies to ensure coverage & compliance with renter’s insurance requirements. Certificate issuance solution and services that relieve the burden of creating, delivering, storing and managing certificates of insurance. Experience for yourself why SmartCompliance is the most trusted provider for certificate of insurance or proof of insurance tracking, issuance, and compliance management. -
3
AdaptiveGRC
C&F
Working with companies from regulated industries, we've realized that many find carrying out GRC tasks time-consuming and ineffective. That's why we created AdaptiveGRC, a comprehensive solution designed to coordinate governance, risk, and compliance fully. The difference between success and failure is the ability to measure, monitor, and manage your GRC activities rapidly and efficiently. The tool reduces the manual work and allows you to focus on things that really matter. Each AdaptiveGRC module can be used as an individual and discrete solution or deployed as part of a fully integrated GRC framework. Whether you use a single module, multiple modules or the full solution suite, your organization will benefit from the operational efficiencies and instant management reports. Struggling to figure out spreadsheets and automation? Our experts are here to help. Let's set up a call and explore the possibilities of streamlining GRC together. -
4
StandardFusion
StandardFusion
A GRC solution for technology-focused SMB and Enterprise Information Security teams. StandardFusion eliminates spreadsheet pain by using a single system of record. Identify, assess, treat, track and report on risks with confidence. Turn audit-based activities into a standardized process. Conduct audits with certainty and direct access to evidence. Manage compliance to multiple standards; ISO, SOC, NIST, HIPAA, GDPR, PCI-DSS, FedRAMP and more. Manage vendor and 3rd party risk, and security questionnaires easily in one place. StandardFusion is a Cloud-Based SaaS or on-premise GRC platform designed to make InfoSec compliance simple, approachable and scalable. Connect what your organization does, with what your organization needs to do.Starting Price: $1800 per month -
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Fusion Framework System
Fusion Risk Management
Fusion Risk Management's software, the Fusion Framework System, enables you to understand how your business works, how it breaks, and how to put it together again. Our platform provides easy, visual, and interactive ways to explore every aspect of your business so you can identify single points of failure and key risks. Achieve resilience with greater speed and efficiency with Fusion’s flexible and integrated suite of platform capabilities that can be tailored to best fit the needs of your organization. We meet you wherever you are on your journey for more resilient operations. - Map critical service and product delivery processes as they actually are - Leverage objective risk insights that help you audit, analyze, and improve your business operations - Plan, orchestrate, and measure risk management and resilience activities with confidence - Leverage automation to reduce the burden of manual, time-consuming, repetitive tasks, freeing teams for higher value activities -
6
JCAD CORE
JCAD
JCAD CORE is a fully customizable compliance and risk management software solution. Our latest version, CORE 5, is available in the Autumn and offers a fresh new interface and great new features. This intuitive, cloud-based solution offers businesses with a robust framework that enables controlled management of risk and compliance with a clear link to strategies and objectives. JCAD CORE's clients span a variety of industries, including housing, education, utilities, and government sectors. Plus, the solution effectively helps businesses manage a range of compliance regulations such as financial compliance, covenants, contracts, and health and safety assessment.Starting Price: $5000.00/year -
7
GlobalSUITE
GlobalSuite Solutions
Deploy and go: GlobalSUITE Solutions applications make it easy for you to comply with industry frameworks and ensure you work with best practices from a broad repository of international standards controls and specific regulations. The solution allows you to improve the management of your Security and Cybersecurity System by leaving behind manual methods that reduce the effectiveness of the equipment. Our clients start working from day one, without the need to invest time loading compliance catalogs, risk catalogs and controls, methodologies, etc. Everything is ready to optimize times and allow you to focus on the most important thing, your goals. We help you with a risk analysis adaptable to any methodology with the possibility of carrying out an assessment of them with risk maps and automatic dashboards. The solution allows you to make an automatic adequacy plan with workflows that offer you a comparison between periods, in addition to the history of compliance.Starting Price: Not available -
8
Onspring
Onspring GRC Software
Onspring is an award-winning GRC automation and reporting software. Our SaaS platform is known for flexibility and ease of use for end-users and administrators. Simple, no-code, drag-and-drop functionality makes it easy to create new applications, workflows, and reports independently without IT or developers. - Manage a centralized risk register with multiple hierarchies - Keep tabs on financial impacts & probabilities based on risk tolerance - Capture & relate financial, operational, reputational & third-party risks - Map controls to regulations, frameworks, incidents & risks - Remediate findings through workflows or the POA&M process Ready-made products get you started in as quickly as 30 days: - Governance, Risk & Compliance Suite - Risk Management - Third-party Risk - Controls & Compliance - Audit & Assurance - Policy Lifecycles - CMMC - BC/DR FedRAMP moderate environment available.Starting Price: $20,000/year -
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Stratsys Meetings
Stratsys
With our meeting tool, your meetings become more effective and organized in a click. Share the agenda with your team, assign tasks and make sure everyone has the correct information. We call this meeting simplicity. Set the agenda and share it with your team to make sure everyone has the relevant information. Participants gets summarized information in their inbox before the meeting and can add their own agenda items and attachments. Alright, it’s time for the meeting! Take notes, add decisions and assign tasks in real-time. Those responsible for action get instant notification with a personal to-do list sent to their inbox. Without further ado, you’re already one step ahead. Forgetfulness is human. So, to make sure that no task gets left behind, we send you a daily reminder until your assigned task is completed. When it’s time for your next meeting, everyone can easily access the tasks assigned and notes from the previous meeting, and check accomplished tasks off the list.Starting Price: $6 per month -
10
Continuum GRC
Continuum GRC
Continuum GRC's integrated risk management solution provides a roadmap to risk reduction by delivering comprehensive, customizable, and intuitive enterprise solutions. Business operations are a complex mixture of people, processes, and technology. Enterprise and operational risk management is the singular, most important central point of aggregation for organizational risk. Continuum GRC provides a global solution to identify, assess and monitor risks consistently across the enterprise, auto-mapping between all the world's standards. Continuum GRC provides a risk-based approach to audit and regulatory controls management and consolidates the entire process within a single source of truth. Governance and policy controls management serves as the foundation for a program by outlining the structure, authority, and processes required for the organization through the clearly defined governance structure, stratification of authority, defined and well-communicated policies, etc.Starting Price: $5800.00 -
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VelocityEHS
VelocityEHS
We deliver EHS management software that solves complex business challenges in simple ways. Our implementations are quicker, cost less and are more successful than traditional enterprise software systems. The real value of our solution is not the software itself, but how well it helps you do your job and achieve your goals — across departments, facilities, locations, and continents. Our true cloud solutions are simple enough for your frontline people to use on the fly, and sophisticated enough for you to run global, best-in-class programs — right out of the box. VelocityEHS brings together the industry’s most trusted solutions for managing risk, industrial hygiene, environmental concerns, hazards and incidents, training and much more. And we are the only source for MSDSonline chemical management and Humantech industrial and office ergonomics solutions. See why more than 18,000 customers worldwide trust us to simplify their complex compliance challenges. -
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Camms GRC
Camms, a Riskonnect Company
Enabling your GRC success through Camms powerful, agile and scalable software. Effective Governance, Risk and Compliance (GRC) management demands software capabilities to facilitate the sharing of data and insights across your wider risk landscape to drive agility and decision making – That’s where we come in! We understand that every business will have different pain points, be at varying stages of maturity and have different objectives. We deliver solutions for those struggling with spreadsheets or at an Enterprise level, and all in between. Our experience, coupled with our comprehensive, flexible cloud-based offering, allows you to focus on your immediate needs, deliver, and scale as you grow. -
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EHS Hero
BLR
BLR's EHS Hero® is a highly intuitive, configurable, and cost-effective EHS management, compliance, and training suite designed to fit seamlessly into your workflow. EHS Hero offers a shorter implementation window—typically just 4 to 8 weeks—making it faster to deploy without sacrificing depth or capability. This user-friendly solution is built for action, combining timesaving resources, federal and state regulatory analysis, OSHA-compliant safety training, and automated reporting to help you manage compliance obligations across sites with ease. Increase efficiency, manage risk, prioritize employee safety, and enhance emergency preparedness with an all-in-one EHS tool that truly makes sense in setup and daily use. -
14
PHAWorks
Primatech Inc.
The development of PHAWorks is guided by industry best practices and over 30 years of knowledge and experience with PHA software. Our intuitive design allows you to get a running start on your work without cumbersome setup and configuration. Whether making use of previous study information, or utilizing common entries, PHAWorks provides a variety of tools that make data entry a streamlined experience. Leverage a robust set of customization features to adapt our many default study templates to fit the exact needs and requirements of your organization. Software updates are provided regularly with new features, enhancements, and useability improvements based on industry trends and your valued feedback. Your previous PHAWorks 5 projects, as well as files from other PHA software, can be imported easily. We’re committed to helping and educating our users. Live software training and support are available for all of our customers. -
15
DCDR
DCDR
DCDR lets you make better risk-based decisions in a fraction of the time of other tools. DCDR (decider) is intuitive risk management software that lets you manage your risks rather than managing your risk management software. Collect, assess and visualize all your risk management data in one place, then run fast, clear reports to share your findings with your key decision-makers. DCDR speeds up and simplifies the risk management process and contains all the tools you need from audit templates, governance guides and incident reporting. DCDR is available as a cloud-based app or can support on-premises data-storage to comply with your INFOSEC and IT security policies.Starting Price: $49.95 -
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Granite Risk Management
Granite Partners
Granite is a powerful risk management software. Try it free and take care of compliance and governance smoothly without spreadsheets. Granite Risk Management is a digital tool for modern risk management. With an easy-to-use risk management solution, risk identification and risk assessment take no time at all, and implementing corrective measures is effective. Automated reports make it easy to monitor results and deliver on set goals. With Granite Risk Management risks are easily identified and systematically assessed, and implementing corrective measures is effective. With the help of Granite Risk Management it's easy to recognize threats and opportunities. Granite Risk Management assists the user in the commensurate risk assessment. Risk management measures are easily assigned with Granite Risk Management. Granite Risk Management automates the promoting of risk management measures. With Granite Risk Management the creation of up-to-date snapshots of the entire organization is simple.Starting Price: $47 per user per month -
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Pulse
Pulse
Pulse is an improvement-focused EHS platform. Move from issue detection to action at lightning speed. Modern interface and great support to ensure quick adoption. Your team will love the ease of use and power. Designed to support large, security-sensitive enterprise organizations. Create powerful workflows and see a unified view of your business by connecting any of your tools. Built for great native app experience on the mobile devices. Upload your ready template, choose from the available options on our application or build your own from scratch. Use conditional logic while building templates. Schedule inspections on a daily/weekly/monthly/ad-hoc basis for your team in minutes and assign tasks to them. Your team can easily upload multiple photos and annotate them as well. Share your completed reports with your seniors or teammates for evaluation. Leave any of your additional insightful messages along with it.Starting Price: $14 per user per month -
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Exposure
Exposure
Exposure is the image editor designed for the art of photography. The new Exposure X7 combines professional-grade photo adjustments, a huge library of gorgeous photo looks, and an efficient design that is a joy to use. Gorgeous color adjustments, sharpening, and noise reduction using the latest advanced image processing techniques. Optimized ProPhoto internal processing produces top-quality finished images. Refined grading tools give total control of image color. Advanced selection tools enable speedy adjustments in any area of your image. Adaptive smoothing preserves sharp edges while reducing noise. Our huge library of presets contains hundreds of realistic film simulations, subtle modern looks, and time-saving utilities. Unique masking tools and easy-to-use effect layers enable you to blend effects in any way you can imagine. Exposure’s deep integrated special effects open up creative possibilities, film grain, bokeh, custom borders, light effects, and more.Starting Price: $94.42 one-time payment -
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ModelRisk
Vose Software
ModelRisk is a Monte Carlo simulation Excel add-in that allows the user to include uncertainty in their spreadsheet models. ModelRisk has been the innovation leader in the marketplace since 2009, being the first to introduce many technical Monte Carlo method features that make risk models easier to build, easier to audit and test, and more precisely match the problems you face. A ModelRisk user replaces uncertain values within their Excel model with special ModelRisk quantitative probability distribution functions that describe the uncertainty about those values. ModelRisk then uses Monte Carlo simulation to automatically generate thousands of possible scenarios. In the same way that Excel is used for many different types of analysis, ModelRisk is used to assess the uncertainty in the numbers produced by the Excel model. Users have performed risks analyses with ModelRisk in a vast range of fields. -
20
Noggin
Noggin
Noggin is an industry-leader in safety and security technology with its next-generation, cloud-based software platform. The award-winning Noggin platform provides an all-hazards approach to safety and security management, housing all of the tools needed to help make informed decisions and respond effectively to any incident, large or small. Noggin’s software platform includes solutions for: crisis management, business continuity, environmental health and safety, emergency management, security management, and case management. -
21
VComply
VComply Technologies
VComply’s integrated GRC software suite empowers compliance & risk teams to collaborate digitally, providing 360-degree visibility into an organization's compliance & risk programs. It is easy to set up VComply and configure settings for managing your compliance programs. The implementation team is with you at every step of the implementation process! VComply’s integrated workflows and frameworks for regulations like SOX, PCI, GDPR, and ISO help automate repeatable tasks, bring in transparency, and improve collaboration. Provides powerful reports and intuitive dashboards to help businesses gain real-time insights into the organization’s compliance data and risk exposure. Keep track of upcoming compliance deadlines with real-time calendar alerts. The sync feature helps users sync their compliance events in Google and Outlook calendars.Starting Price: $3999/year -
22
UXRisk
Proactima
Build all your GRC and management system workflows on one platform. Our risk assessment workflows are built around the complete assessment process, from planning, identifying risk, assessing risk, establishing a plan for mitigation including assigning responsibilities and action tracking. When you work with risk management in UXRisk, we have worklows that are compliant with most recognized standards such as ISO 31000, COSO, ISO 14001, ISO 27001, OSHA, PMI Project Risk Management and others. Supporting a wide range of qualitative risk assessment methods such as HAZID, HAZOP, bow-tie, and others. Our audit workflow lets you plan, carry out and follow up audits, supervision and verifications directly in our app. The workflow also lets you assign responsibilities for and track actions. When you work with process, product or management system audits, verifications, and inspections in UXRisk. You are in compliance with most recognised standards.Starting Price: $2 per month -
23
Exonaut
4C Strategies
Exonaut® is 4C Strategies’ market-leading resilience software platform, comprising fully integrated solutions for Risk, Business Continuity, Crisis Management, Compliance, Training and Exercises. To meet the security demands of governments, critical infrastructure providers and the armed forces, Exonaut is accredited to NATO Secret level, Cyber Essentials Plus and the highest international standards. As both a software company and management consultancy, 4C Strategies has a proven track record of delivering resilience solutions for mission critical environments. 4C’s software developers work closely with our subject matter experts to ensure that Exonaut drives innovation to meet customer needs and industry best practice. Exonaut is available on-premise, as a cloud-hosted solution, or with a hybrid option. Exonaut’s resilience solutions are deployed in mission critical sectors around the globe. -
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Whether you are minimizing risk, increasing productivity, or managing compliance – decide on solutions that work the way your people need them to. Introducing the PURE Platform – the industry’s first integrated Environment, Health, Safety, and Sustainability software solution designed to drive business performance. The suite of solutions transforms traditional data collection into meaningful and actionable insights to give customers real-time access to an integrated, 360-degree view of EHS, sustainability, and supply chain information across their organization. Software solutions customized for safety, learning, sustainability, and occupational health management. Designed for businesses that want to protect their employees, manage their operational risks, manage OSHA compliance and optimize day-to-day performance. A suite of tools and modules to manage your organization’s health and wellness programs and increase productivity.
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25
Opture ERM
OPTURE
The Opture ERM Basic Version is risk management software for "beginners", with which existing and customer-specific methods and processes can be continued and transferred to a professional and web-based software system. The Opture ERM Basic Version maps the entire risk management process (identification, evaluation, analysis, control, reporting, monitoring) and represents the basis for all modular extensions. The Opture ERM Basic enables an overall view of the calculation of gross and net expected values the interrelationships between the organizational and process structures of the company, risks and risk owners and thus enables the derivation of efficient control measures. -
26
Pirani
Pirani
Software that allows to prevent, establish controls and measure the risks associated to money laundering and terrorism financing that the companies can be exposed to. Pirani AML Suite allows it to segment clients based on similar transactional behaviors and monitor operations that may be suspicious, also, to detect actions that may be related to fraud or money laundering in time by monitoring the financial operation realized in any transactional channel. Establish controls and measure the risks associated to money laundering and terrorism financing that your company can be exposed to. Learn how we help you by requesting a tour of our solution. Compliance of regulations and external circulars related to the implementation of a LAFT risk system. Diagnosis of the data that the client has in order to calculate the integrity of the data. Information of the client in a single screen for the analysis of the alerts.Starting Price: $19,000 per year -
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Lotis AZON 230
Lotis
Lotis AZON 230 Managed is a business operations intelligence and compliance solution that transforms fragmented operations and supply chain dependency data into a connected, audit-ready resilience engine purpose-built for financial institutions navigating APRA CPS 230 regulation. Lotis combines specialist software with expert consultants, so you never choose between “more people”, “better data”, or “more tools”. Their proprietary SPLITer method maps Suppliers, People, Locations, Information & Technology in days, not months. Managed data quality means board dashboards and evidence for audits are always current – no spreadsheet wrangling. Fixed monthly pricing starts below the cost of a part-time analyst. Lotis managed service and online portal operationalise risk considerations during strategic sourcing, business transformation and change management. Boards want clarity. Regulators want proof. Lotis delivers both, with confidence.Starting Price: $4880 monthly enterprise sub -
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Explorer
Risk Insights
Risk Insights Explorer is an innovative solution that supports small and medium enterprises in evaluating the uncertainties that could impact their decision-making. 4D analytics is our simple-to-use scenario approach that enables everyone to model risk by answering simply structured questions. Informed decisions can be taken because estimates are made using real measures such as cost, days, and percentage change. Any estimate that is subject to uncertainty can be better addressed with Risk Insights Explorer. Risk Connectivity is a unique innovation in understanding and addressing risk. Explorer identifies and explains risk interconnectedness and in doing so provides an essential holistic view that promotes a broader and deeper understanding of your organisations risks, and presents this in a way that is both visually engaging and immediately actionable. Risk Insights Explorer. New thinking. New Insight. -
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iRISK
Valgenesis
Discover the solution that unifies all risk-related activities, allowing you to identify, quantify, and prioritize risks in one powerful platform. Learn how it not only optimizes your processes and decisions but also optimizes your business. ValGenesis iRisk is a next-generation risk management platform for the life sciences, built on industry best practices and designed by SMEs with real-world expertise. Take the ultimate step toward understanding and managing risk throughout your product's lifecycle. iRISK™ is a next generation Risk Management Platform for the pharmaceutical industry, developed according to the industry's best practices and influenced by its SMEs, to develop risk and science based strategies for products, processes and other elements, in a systematic and compliant way. iRISK™ integrates, in a single platform, functionalities to manage risk and knowledge, allowing companies to streamline their processes throughout the lifecycle of their products. -
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CompliCheck
CompliCheck Systems
Complicheck is a next-generation compliance software that helps you track and monitor regulatory and statutory compliance. CompliCheck is a compliance tracking tool that allows you to stay on top of your compliances by tracking and monitoring the completion status. It is an innovative tool that combines the best brains behind the compliance industry, latest technology and experienced product design team into one solution for all corporates across industries. CompliCheck allows to you pick from our suggested compliances and give you the flexibility of customizing the same as per your requirements. Our reminder system will continue to remind you until you have completed the compliances in the system. This will ensure that you do not forget the compliances. Even if you do, we send emails to the senior management in a report format letting them know if there has been a slip-up. There are over 40+ labor laws in India in addition to hundreds of other laws.
